Ethereum Price Tendency Ethereum, the second-largest cryptocurrency by market cap, has been drawing attention due to its potential to outperform Bitcoin. According to a recent report by Steno Research, Ethereum might be on the verge of doubling its...
The GBP/USD pair formed a Hanging Man candlestick reversal pattern (blue rectangle on the chart below) on Wednesday, suggesting that the pair may have further downside in the near term. This pattern was confirmed after a long red bearish day that...
EUR/USD As for the EURUSD trading instrument, as we see, the trading week ended with the strengthening of the European currency against the US dollar. Adhering to the technical aspects of the movement, we see that the EURUSD value was fixed above...
The cup and handle chart pattern is a popular technical analysis tool used by traders to identify potential buying opportunities. It resembles the shape of a tea cup, with a curved bottom followed by a smaller dip, which forms the "handle." This...
EUR-USD H4 ANALYSIS CHART Salutations, Ram Adis! Regarding the EUR-USD trading instrument, we can observe that the European currency ended the week stronger versus the US dollar. Based on the technical aspects of the movement, we can see that the...